How does money work
 Nothing Ever Happens Shirt $21.68 |
 DMT Has Friends For Me Shirt $21.68 |
Nothing Ever Happens Shirt $21.68 |
How does money work
How does money work
Nothing Ever Happens Shirt $21.68 |
DMT Has Friends For Me Shirt $21.68 |
Nothing Ever Happens Shirt $21.68 |
well we used to just barter random shit for other random shit, but people got confused about how many chickens a goat costs. so then they said frick it let's write it down and keep track of it, but then the shit they wrote down got lost. then they said ok instead we'll just convert everything to gold, but then people would bring in fake gold. then some guy found something called a lodestone that if you wiped gold against it it came up yellow, and if it wasnt gold it would come up a different color. so now they could tell the difference. then the government said well if we just keep the gold in a vault and issue notes that are backed by it then it will be easier to carry. then the government said frick it lets just print money who cares.
>something called a lodestone
sorry i meant touchstone
Proof we live in a matrix: this random mongolian basketweaving website would not allow me to post what I really wanted to say even though I carefully typed in the captcha CORRECTLY, mind you, THREE FRICKING TIMES.
So I am just sending this vague spiteful message which I know it will probably allow (still had to try twice).
I hate the antichrist
meds, please.
>fail to do something as basic as a CAPTCHA
>IT'S DA JOOS
Wot
this is incorrect, the emergence of currency was always as a result of a tax levied by governments, this was true even with the first civilisations in mesopotamia
read this for a thorough understanding: https://www.newmoneyhub.com/www/money/mitchell-innes/what-is-money.html
or watch this:
?si=z_eerHR51Xy3C8bM
everyone pretends the paper is representative of value and exchanges it for goods and services
It doesn't
it's like pokemon but for adults
How many holofoil Blastoise cards will I need to trade for a dozen eggs in 2030?
holo and foil mean the same thing anon, no need to use both.
Powell logs in to the Fed computer
Fat fingers some extra zeros onto the total money supply
Midwit Boomers clap furiously as their house price went "up"
Everyone who works for a living gets poorer
Jews create money out of thin air and charge you interest on it.
https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy
you exchange it for goods and services.
it works by getting your iris scanned so billionaires can give you a UBI in the future when robots take all the jobs
you'll be scanned and you'll be happy